Kalyani Forge Q1 FY27 results: PAT jumps 218% YoY; auditor disclaims opinion

Pat Growth 25pctEbitda Margin ExpansionAdverse OpinionResults View source PDF Explain this filing

KALYANIFRG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+9.6%Reaction day

₹629.35

prior close

₹665.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+9.2% vs market

Castings & Forgings peers, median of 22sector-0.4%+10.0% vs sector

On the reaction day the stock moved 9.2 pts more than Nifty Microcap 250 and 10.0 pts more than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+5.3

10m

+5.9

15m

+5.0

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+9.6+0.4+9.2-0.4+10.0

Next day

+6.3+0.5+5.8+0.0+6.3

+1.0+0.6+0.4-0.0+1.0

+3.8+0.7+3.0+0.4+3.3

+3.3+1.1+2.2-0.1+3.4

+9.6+0.5+9.1+0.0+9.6

+9.0+1.3+7.7+2.1+6.9

15d

+88.1+0.5+87.6+1.6+86.5

+63.8-0.8+64.7+5.9+57.9

+34.9-0.9+35.8+3.8+31.1

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UpDownMarket · Nifty Microcap 250Sector · Castings & Forgings peers, median of 22Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Q1 FY27 revenue grew 4% YoY to about INR 66.8 crore; PAT surged 218% YoY to INR 4.48 crore. EBITDA margin expanded to about 16.3% from 9.9%. Board set Aug 21 as dividend record date and Sept 21 for 47th AGM. However, auditor M.P. Chitale and Co. issued a disclaimer of opinion citing unresolved inventory valuation, unreconciled trade and bank balances, pending GST reconciliations, and weak internal financial controls.

Likely market impact

Strong PAT growth is positive, but auditor's disclaimer of opinion over unresolved reconciliations and weak controls is a serious red flag.